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Norfolk Southern raises quarterly dividend

(Source: Norfolk Southern press release, January 23, 2015) NORFOLK, Va. — Norfolk Southern Corporation today announced that its Board of Directors voted to increase the regular quarterly dividend on the company’s common stock by 4 percent, or 2 cents per share, from...

NS unveils publicly funded, emissions-friendly locomotives

(Source: Norfolk Southern press release, January 6, 2015) ALTOONA, Pa. — The first emissions-friendly locomotives funded by the federal Congestion Mitigation and Air Quality (CMAQ) Improvement Program have been released for road testing by Norfolk Southern from its...

Most Norfolk Southern lawsuits settled in Graniteville tragedy

(Source: Augusta Chronicle, January 3, 2015) AUGUSTA, Ga. — In the aftermath of the Graniteville train derailment, thousands of people filed suit or joined in class-action lawsuits against Norfolk Southern. With lightning speed in the legal world, the company agreed...